SHA:603982 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Cash & Equivalents	712.56	548.32	566.1	604.1	309.74	270.66	Upgrade
Trading Asset Securities	-	-	-	100.14	200.33	-	Upgrade
Cash & Short-Term Investments	712.56	548.32	566.1	704.24	510.08	270.66	Upgrade
Cash Growth	35.47%	-3.14%	-19.61%	38.06%	88.45%	-17.00%	Upgrade
Accounts Receivable	1,117	1,078	1,008	810	532.18	567.19	Upgrade
Other Receivables	22.08	15.91	19.13	15.63	10.07	5.2	Upgrade
Receivables	1,139	1,094	1,028	825.63	542.25	572.39	Upgrade
Inventory	807.71	803	786.23	789.34	488.52	296.58	Upgrade
Other Current Assets	68.07	56.6	82.2	154.82	70.09	16.84	Upgrade
Total Current Assets	2,727	2,502	2,462	2,474	1,611	1,156	Upgrade
Property, Plant & Equipment	3,881	3,833	3,716	3,231	1,552	948.71	Upgrade
Other Intangible Assets	189.32	201.42	206.62	210.29	142.13	80.6	Upgrade
Long-Term Deferred Tax Assets	113.76	98.45	45.21	9	-	-	Upgrade
Long-Term Deferred Charges	3.92	2.83	4.36	7.64	8.96	10.93	Upgrade
Other Long-Term Assets	47.25	54.59	355.47	355.37	173.11	31.09	Upgrade
Total Assets	6,963	6,697	6,794	6,291	3,490	2,231	Upgrade
Accounts Payable	717.01	640.41	539.85	565.78	350.72	351.71	Upgrade
Accrued Expenses	66.84	116.95	104.73	79.14	53.73	54.88	Upgrade
Short-Term Debt	1,290	446.07	1,172	884.55	568.93	177.58	Upgrade
Current Portion of Long-Term Debt	636.86	893.45	473.26	99.44	-	-	Upgrade
Current Portion of Leases	-	-	-	19.49	10.21	-	Upgrade
Current Income Taxes Payable	12.52	-	-	-	2.36	-	Upgrade
Current Unearned Revenue	-	-	-	0.1	1.36	1.09	Upgrade
Other Current Liabilities	173.47	236.17	240.56	334.98	178.09	63.64	Upgrade
Total Current Liabilities	2,897	2,333	2,531	1,983	1,165	648.89	Upgrade
Long-Term Debt	1,645	2,139	1,854	1,422	460.35	-	Upgrade
Long-Term Leases	77.38	197.88	97.85	32.67	8.92	-	Upgrade
Long-Term Unearned Revenue	190.82	175.11	-	-	-	-	Upgrade
Long-Term Deferred Tax Liabilities	-	-	-	-	21.93	22.76	Upgrade
Total Liabilities	4,810	4,845	4,483	3,439	1,657	671.65	Upgrade
Common Stock	339.55	272.35	261.37	263.84	201.42	201.49	Upgrade
Additional Paid-In Capital	2,771	2,214	2,126	2,150	998.67	993.59	Upgrade
Retained Earnings	-996.85	-766.55	-249.81	314.72	483.97	377.2	Upgrade
Treasury Stock	-	-	-	-38.39	-8.94	-11.94	Upgrade
Comprehensive Income & Other	37.87	132.04	173.18	161.95	158.3	-0.6	Upgrade
Shareholders' Equity	2,152	1,852	2,311	2,852	1,833	1,560	Upgrade
Total Liabilities & Equity	6,963	6,697	6,794	6,291	3,490	2,231	Upgrade
Total Debt	3,650	3,677	3,598	2,459	1,048	177.58	Upgrade
Net Cash (Debt)	-2,937	-3,128	-3,031	-1,754	-538.33	93.09	Upgrade
Net Cash Growth	-	-	-	-	-	96.28%	Upgrade
Net Cash Per Share	-10.40	-11.95	-11.55	-8.52	-2.60	0.46	Upgrade
Filing Date Shares Outstanding	339.55	272.35	261.37	263.84	201.42	201.42	Upgrade
Total Common Shares Outstanding	339.55	272.35	261.37	263.84	201.42	201.49	Upgrade
Working Capital	-170.06	168.88	-68.48	490.55	445.52	507.57	Upgrade
Book Value Per Share	6.34	6.80	8.84	10.81	9.10	7.74	Upgrade
Tangible Book Value	1,963	1,651	2,104	2,642	1,691	1,479	Upgrade
Tangible Book Value Per Share	5.78	6.06	8.05	10.01	8.40	7.34	Upgrade
Buildings	-	1,257	1,271	497.97	217.71	211.12	Upgrade
Machinery	-	3,189	2,744	2,229	1,385	1,093	Upgrade
Construction In Progress	-	604.64	615.4	1,186	463.64	46.44	Upgrade

Source: S&P Global Market Intelligence. Standard template. Financial Sources.